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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Woodhaven, MI

$ 180,000
ROI
26.2
Cash Flow/m
321- 2 Bed
- 1 Bath
- 1160 sft
26756 Kirkway Cir, Woodhaven, MI, 48183

$ 229,000
ROI
27.6
Cash Flow/m
503- 2 Bed
- 2 Bath
- 1261 sft
24031 Fairlane Blvd, Woodhaven, MI, 48183

$ 225,000
ROI
25.3
Cash Flow/m
346- 2 Bed
- 2 Bath
- 1240 sft
23493 Williamsburg Cir, Woodhaven, MI, 48183

$ 199,900
ROI
42.9
Cash Flow/m
1288- 2 Bed
- 2 Bath
- 1160 sft
26623 Kirkway Cir, Woodhaven, MI, 48183
Why Invest in Woodhaven, Michigan?
Investing in condos in Woodhaven, MI offers a strategic entry into a growing suburban market near Detroit. Condos provide attractive options for rental investors with steady demand indicated by local renter populations and competitive rental yields. Woodhaven's average cap rate and cash flow figures make it an appealing choice for balancing risk and return in Michigan's real estate market. Economic stability and appreciation potential further enhance condo investment appeal in this location.
7.2%
Avg. ROI
6.1%
Rental Yield
5.5%
Cap Rate
$450/mo
Avg. Cash Flow
$950/mo
Avg. Rent
3.2%
1Y Appreciation
Frequently Asked Questions
The average rental yield for condos in Woodhaven, MI is approximately 6.1%, making it a competitive market for investors.
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